Letter: GOP wants to sell off Postal Service

In this Feb. 7, 2013 file photo, packages wait to be sorted in a Post Office in Atlanta. The Postal Service on Friday reported a $5.1 billion loss for the just-completed 2015 fiscal cycle -- but that's a slight improvement over last year. Photo Credit: AP

The decrease in the first-class postage stamp price from 49 cents to 47 cents will lead to losses of more than $2 billion for the U.S. Postal Service [“2 cents less for stamps, $2B less for Post Office,” April 11].

Couple that move with the congressional mandate that the service pre-fund retiree health benefits for 75 years — a fiscally crippling requirement — and it adds up to congressional Republicans purposely trying to bankrupt the Postal Service.

This will allow the politicians to dismantle the service and sell off the assets at fire-sale prices to campaign contributors who own privately held delivery service firms. Then, mail-delivery services will be profit-making enterprises.

The average consumer will feel little or no benefit from a 2-cent reduction in first-class postal rates — but will feel the cost of a privatized, profit-making postal service that will balance budgets on the backs of us consumers.

Once again, it will be billionaires and their congressional representatives 1, the American consumer 0.